In its recent third-quarter announcement, Kyndryl Holdings (KD), a global IT infrastructure services provider, reported mixed ...
"In the third quarter, we delivered another quarter of strong signings growth and significant margin expansion, led by ...
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IBM, Kyndryl again once sued for age discrimination – this time by its own VPsThe 2023 video, published by conservative political ... The complaint against IBM and Kyndryl revisits the now widely known ...
A New Channel Giant Takes Shape IBM on Monday revealed that its $19 billion managed infrastructure services business will be called Kyndryl once it’s spun out from Big Blue later this year ...
Kyndryl separated from IBM in November 2021 to become a standalone business focused on managed infrastructure services. Over time, it’s taken advantage of its freedom to introduce new services ...
Kyndryl on Monday missed Wall Street estimates for third-quarter revenue, as strong AI-linked sales were offset by a strong dollar and the IT services provider's shedding of lower-margin deals.
The shares of Kyndryl (KD) are advancing 6% after Scotiabank increased its price target on the tech name to $45 from $35. The cloud services company was spun off from IBM (IBM) in 2021.
Kyndryl, one of the world’s largest IT infrastructure services provider, and The Co-operative Bank have announced a strategic agreement to move The Co-operative Bank’s existing applications from ...
IBM's board of directors has approved the previously announced separation of its managed infrastructure services business into a new company called Kyndryl. The board has declared a pro rata ...
Kyndryl is a big company. Created last year when the Managed Infrastructure Services division was spun off from IBM, taking 88,449 people with it, it immediately inherited 4,000 blue chip ...
Kyndryl had also inherited multiple no-margin contracts from IBM and has been looking to re-work them to generate higher profits. The company recorded adjusted net income of $124 million in the ...
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